12
GLOBAL COMPANION ANIMAL HEALTHCARE MARKET Market Shares, Forecasts & Trends 2014 - 2019 mordorintelligence.com

Global Companion Animal Healthcare Market 2014 - 2019

Embed Size (px)

DESCRIPTION

The global market for companion animal healthcare is valued at $9.16 billion in 2013. Expected to grow at a CAGR of 7.86%, the market is set to reach $13.37 billion by 2019.

Citation preview

GLOBALCOMPANION ANIMALHEALTHCARE MARKET

Market Shares, Forecasts& Trends

2014 - 2019

mordorintelligence.com

Global Companion Animal Healthcare Market | Sample

TABLE OF CONTENTS

1. INTRODUCTION 1

1.1 Market Definition 1

1.2 Market Recent Trends 2

2. Market Analysis 3

2.1 Market Animal Health Products 3

2.2 Animal medicines vs human Medicines 4

3. Market Dynamics 5

3.1 Market Drivers 5

3.1.1 Increase in pet ownership 5

3.1.2 Improved Nutrition 6

3.1.3 Intensifying consumer focus on food safety 7

3.1.4 Greater Livestock production 8

3.1.5 Increasing Zoonotic and Foodborne Diseases 10

3.2 Market Constraints 12

3.2.1 Scarcity of arable land and water 12

3.2.2 Increased competition for cultivated land 13

3.2.3 Cost effective production 14

3.3 Porter’s Five Force Analysis 15

3.3.1 Threat of New Entrant 16

3.3.2 Internal Rivalry 16

3.3.3 Buyer bargaining power 17

3.3.4 Supplier bargaining power 17

3.3.5 Threat of substitutes 18

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample

4. Market Segmentation 19

4.1 Global Companion Animal Market Segmentation- By products 19

4.1.1 Paraciticides 19

4.1.2 Anti-Infectives 20

4.1.3 Medicinal Feed Additives 22

4.1.4 Other Pharmaceuticals 24

4.1.5 Vaccines 25

4.2 .Companion Animals 26

4.2.1 Dogs 26

4.2.2 Cats 27

4.2.3 Horses 28

5. Global Companion Animal Diagnostics Market 29

5.1 Enzyme Linked Immuno Sorbent Assay (ELISA) 29

5. 2 Rapid Immuno Migration (RIM) 30

5. 3 Agar gel Immuno Diffusion (AGID) 31

6. Global Companion Animal Genetics Market 32

7. Global Companion Market Segmentation, By Geography 35

7.1 North America 35

7.1.1 US 35

7.1.2 Mexico 37

7.1.3 Canada 38

7.2 Europe 39

7.2.1 France 39

7. 2.2 Italy 40

7.2.3 Germany 41

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample

7.2.4 Spain 42

7.2.5 UK 43

7.3 Asia-Pacific 45

7.3.1 India 45

7.3.2 China 46

7.3.3 Japan 47

7.3.4 Rest of Asia-Pacific 48

8. Competitive landscape 49

8.1 Major players in the market 49

8.2 Mergers and acquisitions 50

8.3 New product launches 52

8.4 Agreement, Collaborations and Partnerships 53

8.5 Recommendations for new players in the market 55

8.6 Recommendations for existing players in the market 56

8.7 Market Share Analysis 57

9. Company Profiles 59

9.1 Zoetis animal healthcare 59

9.1.1 Financial Overview

9.1.2 Business overview

9.1.3 Business strategies

9.2 Merck 61

9.2.1 Financial Overview

9.2.2 Business overview

9.2.3 Business strategies 63

9.3 Merial (Animal Health Division Of Sanofi)

9.3.1 Financial Overview

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample

9.3.2 Business overview

9.3.3 Business strategies

9.4 Elanco 65

9.4.1 Financial Overview

9.4.2 Business overview

9.4.3 Business strategies

9.5 Bayer healthcare 66

9.5.1 Financial Overview

9.5.2 Business overview

9.5.3 Business strategies

9.6 Novartis Animal Health, Inc. 68

9.6.1 Financial Overview

9.6.2 Business overview

9.6.3. Business strategies

9.7 Virbac 69

9.7.1 Financial Overview

9.7.2 Business overview

9.7.3 Business strategies

9.8 Boehringer Ingelheim 71

9.8.1 Financial Overview

9.8.2 Business overview

9.8.3 Business strategies

10. Appendix 73

10.1.Abbreviations 74

10.2.Sources 75

10.3.Bibliography 76

10.4.Disclaimer 78

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

RESEARCH METHODOLOGY

1) Secondary Research: Information was collected from a number of public and paid data sources. Public

sources involved Government websites, publications from the animal health programs of different

countries, company annual reports, white papers and research publications by recognized industry

experts. Paid data sources include authentic industry databases.

2) Primary Research: After collecting data from secondary sources, primary interviews were conducted with

stakeholders at different points of the companion animal health manufacturers, distributors, ingredient

suppliers, companies producing companion animal health products like vaccines, paraciticides, anti-

infectives etc. and key opinion leaders of the industry. Primary research is used both to validate the data

points obtained from secondary research and to fill any gaps in data.

3) Market Analysis: The market analysis phase involves analyzing the collected data, market breakdowns

and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive

at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data

point is verified by the process of data triangulation to validate the numbers and arrive at a close

estimate.

4) Expert Validation: The market analysis data is verified and validated by a number of experts, both

in-house and external.

5) Report Writing: After the data is curated through the process, our analysts begin to write the report.

Garnering insights from data and forecasts, insights are drawn to visualize the entire business

ecosystem in a single report.

Global Companion Animal Healthcare Market | Sample 2 | Mordor Intelligence

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample 3 | Mordor Intelligence

OVERVIEW - COMPANION ANIMAL HEALTH MARKET

Companion animals (dogs, cats, horses) play an important role in the lives of many people. They provide

companionship and a sense of responsibility. There have been several factors influencing the

companion animal health market and in turn influencing the growing need of medicines, vaccines and

related products and services. There are approximately 223 million dogs and 220 million cats worldwide,

excluding stray animals. As dogs and cats increasingly become members of the family, people in both

developed and emerging markets are consuming a broader range of products and services to help their

pets live longer, healthier lives.

The major factors influencing the need of companion animal health are

Increased medical treatments for companion animals

Longer life expectancy

Increasing rate of pet ownership

Economic development and increase in disposable income

Industry sources indicate that pet ownership and spending per pet are increasing globally, especially in

developing nations. The spending on pets has increased by 3.3 percent in the United States between

2007 and 2012, and in Latin America it has grown by 10.2 percent.

The global market for companion animal healthcare is valued at $9.16 billion in 2014. Expected to grow

at a CAGR of 7.86%, the market is set to reach $13.37 billion by 2019.

0.00

5.00

10.00

15.00

2012 2013 2014 2019

$ B

illio

n

Global Companion Animal Healthcare Market

HIDDEN FROM THE VIEW

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample 5 | Mordor Intelligence

MARKET DRIVERS

INCREASE IN PET OWNERSHIP

Pets are living longer and healthier lives because of pet owner’s willingness to provide veterinary care,

supplements and alternative treatment options. According to the American Pet Products Association’s

(APPA) new 2011-2012 National Pet Owners Survey, the number of U.S. households that own a pet has

increased by 2.1% to an all time high of 72.9 million.

The actual number of pet owning households is significantly higher than it was 20 years ago, as is the

overall number of U.S households.

Increase in total pet ownership is contributed by increase in the number of pet owning households and

those with multiple pets. There are more than 78 million dogs, 86.4 million cats and 7.9 million equines

owned in the U.S alone.

Source: Mordor intelligence Analysis

0

20

40

60

80

100

1981 1991 2001 2011 2012 2013

Mill

ion

s

Global Companion Dogs and Cats Population

ionCompanion Dogs

Companion cats on

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample 35 | Mordor Intelligence

MARKET SEGMENTATION - BY GEOGRAPHY

North America and the European Union are the leaders in the global pet care. The most lucrative

segments of the pet care industry are the pet health care and pet food markets. Health and wellness

solutions are gaining pace across the industry, with opportunities for manufacturers with the research

and development budget, products innovation and marketing to exploit them.

NORTH AMERICA

The demand for companion animal health products in the U.S. is forecast to increase 3.5% annually.

Companion animal health care is a relatively recession-resistant industry, as increasing consumer

awareness for pet health is a triggering factor for the market growth. Preventive care will remain a

driving factor in sales of companion animal health products as owners of companion animals recognize

the need to maintain good health conditions for their animals.

Source: Mordor intelligence Analysis

0

0.5

1

1.5

2

2.5

3

2011 2012 2013 2014 2019

$ B

illio

n

North America Companion Animal Market by products

Vaccine

Parasiticides

Anti Intfectives

MFA

others

HIDDEN FROM THE VIEW

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample 36 | Mordor Intelligence

Product innovation in the pet care market will continue to reflect the changing place of animals in the

home with personalized food bowls, monogrammed sweaters and Halloween costumes becoming

popular ways to humanize pets. The North American Companion animal Market is estimated to be at $

4.2 Billion in 2014 and is expected to grow with a CAGR of 8.67% during the forecasted period.

Source: Mordor intelligence Analysis

North American Market share By Products (2014)

Vaccines

Paraciticides

anti Infectives

MFA

Others

HIDDEN FROM THE VIEW

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

Global Companion Animal Healthcare Market | Sample 78 | Mordor Intelligence

DISCLAIMER

Mordor Intelligence Reports and their contents, including all the analysis and research containing

valuable market information, are provided to a select group of customers in response to orders. Our

customers acknowledge when ordering that Mordor Intelligence strategic analysis services are for our

customers’ internal use and not for general publication or disclosure to third parties.

Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation.

Mordor Intelligence takes no responsibility for any incorrect information supplied to us by

manufacturers or users.

No part of this strategic analysis service may be given, lent, resold or disclosed to non-customers

without written permission. Reproduction and/or transmission in any form and by any means including

photocopying, mechanical, electronic, recording or otherwise, without the permission of the publisher is

prohibited.

ABOUT US

Mordor Intelligence is a global market research and consulting firm. Our singular focus is to provide

research insights for business success.

Our research team has expertise in diverse fields like Agriculture, Healthcare, ICT, Chemicals,

Manufacturing, Logistics, Electronics and Automotive. However diverse the expertise maybe, everyone

in our team shares one common trait - we love data and we love providing solutions to clients using that

data even more. Seeing your business flourish based on our solutions and strategy is what we love the

most.

For information regarding permissions and sales, please contact: [email protected]

gtjg
Typewriter
VIEW THIS REPORT ON OUR WEBSITE

7 | Mordor Intelligence !

!

Mordor Intelligence LLP No. 30, Padma Nilaya, Chola Nagar Bangalore, Karnataka, India 560032

+1 781 881 1110 | [email protected]

Copyright © 2014 Mordor Intelligence LLP All Rights Reserved. This document contains highly confidential information and is the sole property of Mordor Intelligence LLP. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of Mordor Intelligence LLP.